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Stock Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Adobe, Inc (NASDAQ:ADBE)

Weak Downtrend (-65) - ADBE is showing signs of a strengthening downtrend. Monitor ADBE as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ADBE?

MarketClub looks at technical strength and momentum to determine if the timing is right for ADBE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low ADBE Price Change
495.34 499.15 485.78 489.59 +5.98
Entry Signal

MarketClub’s Trade Triangles for ADBE

long term up The long-term trend has been UP since Apr 12th, 2021 at 506.510

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2021 at 498.440

short term down The short-term trend has been DOWN since Apr 30th, 2021 at 510.015

Smart Scan Analysis for ADBE

Based on our trend formula, ADBE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ADBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
495.34 499.15 485.78 489.59 +5.98
Prev. Close Volume Bid Ask Time
483.61 1203170 2021-05-07 15:23:31
Year High277.61Year High Date2018-09-14
Year Low175.26Year Low Date2018-01-02
52wk High536.8852wk High Date2020-09-02
52wk Low348.0152wk Low Date2020-05-14
Year End Close37.68Average Volume1,906,777
Shares Outstanding478,000Short Interest9,940,077
% Institutional90.2Market Cap134,845M
P/E Ratio42.1263Beta1.17
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